Anyone else think Disney is a good buy?
Listen, I’m still a noob and my approach is unsophisticated, but I don’t see why Disney wouldn’t be a really good buy.
Of course, I’m an idiot so this is purely based on the eye test.
You see all these recognizable stocks that have rallied a ton this year. It seems like every stock under the sun has seen 20%+ rises. Meanwhile, Disney is sitting at a nearly 5-year low.
I’m simple man. I think: Disney has massive brand recognition and is a true cornerstone of the media industry, and arguably one of the more significant cultural cornerstones of American society in general, and it’s sitting at a 5-year low amidst a massive stock market rally?
What am I missing?
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MoneyComesMoneyStays : In the long run absolutely, the short run is still questionable.